Rally is here, it's been a "long" wait since last week. As mentioned before, we are in a bear market, so SAR reigns. Better to exit those longs and start looking for shorting opportunities in the next few days, but remember March 18 is Fed rate decision day. Shortly after that could offer another shorting opportunity: "U.S. stocks rallied the most in five years after the Federal Reserve said it will pump $200 billion into the financial system to shore up banks battered by mortgage- related losses." - Bloomberg.com
Tuesday, March 11, 2008
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